Portfolio management & investment advice in West Virginia 174 establishments · 455 employees · 2024
Firms (WV)
174
Employment
455
Avg Annual Pay
$113,298
State Rank
#49 of 52
How West Virginia compares to national
Metric
West Virginia
National
West Virginia vs. U.S.
Establishments
174
88,234
0.2% of U.S. total
Avg annual pay
$113,298
$288,633
-$175,335 (-60.7%)
Location quotient
0.39
1.00
61% less dense than national
Avg firm size (employees)
2.6
5.7
—
Year-over-year firm growth
+5.5%
—
—
Reading this
An establishment is a single physical location where business is conducted. A firm with multiple locations counts as multiple establishments. "Avg pay" is wages and salaries per employee, including bonuses and tips — for proprietorships, the owner's take is largely outside this number. The location quotient (LQ) of 0.39 means portfolio management & investment advice are 61% under-represented in West Virginia's business mix relative to the U.S. average.
Top 10 states for portfolio management & investment advice
Source. BLS Quarterly Census of Employment and Wages — 2024 annual averages, private-ownership only, NAICS 523940. Establishment counts include any firm with at least one paid employee covered by state unemployment insurance.
SMB Density · firm counts, employment, and wages by industry × state · data from BLS QCEW 2024 annual (private ownership, state-level; mostly 6-digit NAICS, 3 specialty-trade industries at 5-digit aggregation) · data.json